Energy Transfer Stock Forecast, Price & News

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Energy Transfer in the last twelve months. There are currently 3 hold ratings, 12 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Energy Transfer stock.
View analyst ratings for Energy Transfer or view top-rated stocks.

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Energy Transfer saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 65,340,000 shares, an increase of 76.8% from the March 15th total of 36,950,000 shares. Based on an average daily trading volume, of 22,340,000 shares, the short-interest ratio is currently 2.9 days. Approximately 2.9% of the shares of the company are short sold.
View Energy Transfer's Short Interest.

Energy Transfer is scheduled to release its next quarterly earnings announcement on Monday, May 10th 2021.
View our earnings forecast for Energy Transfer.

Energy Transfer LP (NYSE:ET) posted its earnings results on Tuesday, February, 16th. The pipeline company reported $0.19 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.26 by $0.07. The pipeline company had revenue of $10.03 billion for the quarter, compared to analyst estimates of $10.33 billion. Energy Transfer had a negative net margin of 0.64% and a positive trailing twelve-month return on equity of 8.23%.
View Energy Transfer's earnings history.

Energy Transfer's stock was trading at $7.05 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ET stock has increased by 14.3% and is now trading at $8.06.
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Energy Transfer announced a quarterly dividend on Friday, January 29th. Shareholders of record on Monday, February 8th will be given a dividend of $0.1525 per share on Friday, February 19th. This represents a $0.61 annualized dividend and a yield of 7.57%. The ex-dividend date of this dividend is Friday, February 5th.
View Energy Transfer's dividend history.

Energy Transfer pays an annual dividend of $0.61 per share and currently has a dividend yield of 7.61%. ET has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Energy Transfer does not yet have a strock track record of dividend growth. The dividend payout ratio of Energy Transfer is 42.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Energy Transfer will have a dividend payout ratio of 45.86% next year. This indicates that Energy Transfer will be able to sustain or increase its dividend.
View Energy Transfer's dividend history.

Energy Transfer shares split before market open on Friday, June 13th 2014. The 2-1 split was announced on Tuesday, May 6th 2014. The newly issued shares were payable to shareholders after the closing bell on Thursday, June 12th 2014. An investor that had 100 shares of Energy Transfer stock prior to the split would have 200 shares after the split.

16 equities research analysts have issued twelve-month target prices for Energy Transfer's shares. Their forecasts range from $6.00 to $16.00. On average, they anticipate Energy Transfer's stock price to reach $10.43 in the next twelve months. This suggests a possible upside of 29.4% from the stock's current price.
View analysts' price targets for Energy Transfer or view top-rated stocks among Wall Street analysts.

109 employees have rated Energy Transfer CEO Kelcy L. Warren on Glassdoor.com. Kelcy L. Warren has an approval rating of 74% among Energy Transfer's employees.

Some companies that are related to Energy Transfer include Enterprise Products Partners (EPD), TC Energy (TRP), National Grid (NGG), Kinder Morgan (KMI), The Williams Companies (WMB), Western Midstream Partners (WES), Targa Resources (TRGP), DCP Midstream (DCP), Antero Midstream (AM), Equitrans Midstream (ETRN), Enable Midstream Partners (ENBL), EnLink Midstream (ENLC), TC PipeLines (TCP), Rattler Midstream (RTLR) and USA Compression Partners (USAC).
View all of ET's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Energy Transfer investors own include Enterprise Products Partners (EPD), AT&T (T), Targa Resources (TRGP), Energy Transfer Equity (ETE), Kinder Morgan (KMI), Exxon Mobil (XOM), AbbVie (ABBV), Pfizer (PFE), Ford Motor (F) and Verizon Communications (VZ).

Energy Transfer trades on the New York Stock Exchange (NYSE) under the ticker symbol "ET."

Energy Transfer's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Chickasaw Capital Management LLC (0.96%), Walnut Private Equity Partners LLC (0.09%), Adams Asset Advisors LLC (0.04%), Centric Wealth Management (0.03%), Spirit of America Management Corp NY (0.02%) and Dfpg Investments LLC (0.02%). Company insiders that own Energy Transfer stock include James Richard Perry, Kelcy L Warren, Marshall S Mccrea III, Matthew S Ramsey, Michael K Grimm, Ray C Davis, Richard D Brannon, Thomas E Long and Thomas P Mason.
View institutional ownership trends for Energy Transfer.

ET stock was sold by a variety of institutional investors in the last quarter, including Sanders Morris Harris LLC, Spirit of America Management Corp NY, Clarus Group Inc., FDx Advisors Inc., NuWave Investment Management LLC, Hodges Capital Management Inc., Teamwork Financial Advisors LLC, and WealthTrust Axiom LLC.
View insider buying and selling activity for Energy Transfer or view top insider-selling stocks.

ET stock was purchased by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Dfpg Investments LLC, Centric Wealth Management, Mcdonald Partners LLC, Adams Asset Advisors LLC, American Research & Management Co., Clear Street Markets LLC, and Thomasville National Bank. Company insiders that have bought Energy Transfer stock in the last two years include James Richard Perry, Kelcy L Warren, Marshall S Mccrea III, Matthew S Ramsey, Michael K Grimm, Ray C Davis, Richard D Brannon, and Thomas E Long.
View insider buying and selling activity for Energy Transfer or or view top insider-buying stocks.

Shares of ET can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ET stock can currently be purchased for approximately $8.06.

Energy Transfer has a market capitalization of $21.78 billion and generates $54.21 billion in revenue each year. The pipeline company earns $3.59 billion in net income (profit) each year or $1.45 on an earnings per share basis.

Energy Transfer employs 11,421 workers across the globe.

Energy Transfer was founded in 2001.

The official website for Energy Transfer is www.energytransfer.com.

Energy Transfer is headquartered at 8111 Westchester Drive Suite 600, DALLAS TX, 75225.

Energy Transfer's mailing address is 8111 Westchester Drive Suite 600, DALLAS TX, 75225. The pipeline company can be reached via phone at 214-981-0700 or via email at [email protected]